AIICO Insurance Plc
The Head, Strategic Marketing and Communications, AIICO Insurance Plc, Segun Olalandu, at the weekend, said prompt claim payment by insurance firms has helped to keep many businesses going, amidst economic hardship.
27 Sep 2021
Following deliberations at the just concluded 47th African Insurance Organization (AIO) Conference in Lagos, insurance managers have revealed plans to implement resolutions at the event by improving on their products and service delivery in the country. This, they said, will equally lead to increased insurance penetration in the country. The Group Managing Director/Chief Executive Officer,…
30 Aug 2021
AIICO Insurance Plc has unveiled a new initiative called ELLA, a dedicated instant messaging service with built-in features that help customers make instant purchases or renewals of policies
19 Nov 2020
The Nigerian Insurers Association (NIA) has urged policyholders in the country, whose facilities were damaged during the #EndSARS protest to contact their insurance companies or brokers for the claims process.
5 Oct 2020
One of the major problems currently facing underwriting businesses is their inability to raise their capital base to meet the proposed requirement.
20 Jul 2020
Modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must determine appropriate settlements
5 Aug 2019
AIICO Insurance Plc has posted a Gross Written Premium (GWP) of ₦25.4 billion in half-year of 2019, against N19.2 billion recorded in the same period in 2018, indicating 32 per cent increase.The Executive Director/Chief Operating Officer, Babatunde Fajemirokun....
10 Jun 2019
About nine out of the 57 insurance companies in the country have settled a cumulative claims of N76 billion by policyholders, who suffered insured risks, in the 2018 financial year. This was as an improvement from what was witnessed in the 2017 financial year, as virtually all the nine companies recorded an increase in claims…
3 Jun 2019
Shareholders of AIICO Insurance Plc have supported the payment of total dividend of N415.81 million declared by the company for the financial year ended Dec. 31, 2018.
6 May 2019
About 55 life and non-life underwriting companies in the country have paid N36.5 billion as tax to the government through the Federal Inland Revenue Service (FIRS) in the last five years. The Guardian reliably gathered that between 2013 and 2017 financial years, these underwriters generated N100.4 billion as Profit Before Tax (PBT) and were left…
29 Apr 2019
AIICO Insurance Plc has said its financial results for the year ended December 31, 2018, recorded an increase of 17.4 per cent in gross written premium to N37.7 billion from N32.1 billion in 2017. This outstanding performance was predominantly driven by growth in both the Life and Non-life businesses of the company. According…
25 Feb 2019
AIICO Insurance Plc has renewed the spirit of togetherness, as it celebrated Valentine Day with the Internally Displaced Persons (IDPs) in Abuja Camp. The company donated items to the IDP Support Booth Durumi, Garki 1, Abuja. The insurer’s Head, Strategic Marketing and Communications, Atinuke Jose, who disclosed this to The Guardian at the weekend, said…